Amatheon Agri Holding N.V.
8.12.2022 17:14:21 CET | ACCESS Newswire | Press release
- Amatheon has signed a Memorandum of Understanding with the Democratic Republic of Congo (DRC)'s Ministry of Agriculture to build a sustainable food system to meet the needs of Congolese people across the country
- The public-private partnership will provide 100,000 hectares of land for the cultivation of corn, soy, cotton, rice and palm oil, covering the entire value chain and create around 70,000 direct jobs when fully implemented
- The projects will increase incomes for smallholder farmers through quality jobs, create climate benefits from reduced deforestation and bring major economic benefits, for women in particular
- Amatheon will engage in projects which support local health and educational facilities
BERLIN, GERMANY / ACCESSWIRE / December 7, 2022 / Amatheon Agri Holding N.V. (the "Company") announced today it has signed a Memorandum of Understanding with the Democratic Republic of Congo (DRC)'s Ministry of Agriculture to build a sustainable food system to meet the needs of Congolese people across the country. The public-private partnership will provide 100,000 hectares of land for the cultivation of corn, soy, cotton, rice, and palm oil, providing significant local employment. In total, around 70,000 direct jobs are to be created. The projects will include building cotton and palm oil processing plants, as well as an industrial slaughterhouse.
An essential element of the partnership is the development of a broad value chain, the promotion of Congolese entrepreneurship, the support of local communities and smallholders, including in the areas of education and health care, and the improvement of the carbon footprint.
"The DRC offers the right agricultural and social framework for these new projects and Amatheon is excited to be key part of the DRC government's efforts to stimulate private investment and job growth in the agricultural sector," said Max Sturm, the Company's chief executive. "We are building on our experience of success on similar projects in Zambia, Uganda and Zimbabwe and are excited about this new venture working hand-in-hand with the DRC's leadership."
The DRC-Amatheon partnership comes in the wake of the European Union's "Team Europe Initiative", established at the 6th EU-African Union summit in February 20221. Team Europe brings together the European Commission, the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), as well as Member States. Team Europe‘s Sustainable Agri-Value Chain initiative looks to support Africa's efforts to build and reinforce resilience and sustainable food systems by boosting public and private investments in African agri-value chains2.
1 https://www.consilium.europa.eu/en/meetings/international-summit/2022/02/17-18/.
2 Global Gateway factsheet, EU-Africa: Global Gateway Investment Package - Sustainable food systems, February 2022.
The Management Board
Berlin, Germany, 7 December 2022
For further information please see the Group's website: https://amatheon-agri.com
Contact:
Max Sturm
Amatheon Agri Holding N.V.
Friedrichstrasse 95, 10117 Berlin, Germany
Tel: +49 30 53 000 90 121
Fax: +49 30 53 000 90 20
email: investor-relations@amatheon-agri.com
About Amatheon Agri Holding N.V.:
Amatheon Agri is a European agri-food company with headquarters in Berlin and production sites in Sub-Saharan Africa and cooperation with small-scale local farmers (outgrowers). Since its foundation in 2011, Amatheon Agri has established sustainable agricultural value chains from cultivation to product-specific processing and trading processes in Zambia, Uganda, and Zimbabwe. With a combination of international distribution network, incorporated local expertise as well as a sustainable vision for the future, Amatheon Agri has been able to establish itself as a strategically aligned global player in the African agricultural sector.
The Shares of Amatheon Agri are listed on the Euronext Paris stock exchange (ISIN NL0010273694, Symbol MLAAH) and on the Lang & Schwarz Exchange in Germany (Symbol/WKN A1J4XD). The Convertible Bonds of Amatheon Agri are listed on the Frankfurt Stock Exchange with ISIN DE000A286BY3 and Symbol/WKN A286BY.
SOURCE: Amatheon Agri Holding N.V.
View source version on accesswire.com:
https://www.accesswire.com/730660/Amatheon-Agri-Announces-a-Public-Private-Partnership-with-the-Democratic-Republic-of-Congo
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Karbon-X Announces Strategic Partnership to Evaluate Kenya BioHub Initiative8.7.2026 15:00:00 CEST | Press release
Company to conduct feasibility assessment for integrated land restoration and renewable energy initiative as part of its strategy to expand its international climate project development pipeline. CALGARY, AB / ACCESS Newswire / July 8, 2026 / Karbon-X Corp. (OTCQB:KARX) ("Karbon-X" or the "Company"), a vertically integrated climate solutions company delivering end-to-end services across global carbon markets and climate infrastructure, today announced a strategic partnership with REGID International ("REGID") to jointly evaluate the Kenya BioHub Initiative, an integrated climate infrastructure program designed to restore degraded land, produce sustainable biomass, and support industrial decarbonization in Kenya. The partnership reflects Karbon-X's disciplined approach to identifying, evaluating, and selectively advancing climate infrastructure opportunities with long-term development potential as part of its strategy to expand its international project development pipeline. The Kenya B
Frame Security Launches KnowBetter as AI Reshapes Social Engineering8.7.2026 14:00:00 CEST | Press release
AI Is Rewriting the Social Engineering Playbook. Security Awareness Training Hasn't Caught Up. Organizations must KnowBetter. NEW YORK CITY, NY / ACCESS Newswire / July 8, 2026 / Security teams have spent two decades training employees to spot a familiar set of red flags: a suspicious link, a misspelled domain, an urgent request for a wire transfer. That approach is now colliding with an attacker toolkit that has changed faster than most awareness programs have. Generative AI has made it possible to clone a voice from a few seconds of audio, generate a passable deepfake video in minutes, and write a phishing email tailored to a specific employee's role, manager, and recent LinkedIn activity. Vishing calls, smishing texts, and video-based impersonation are now standard components of enterprise social engineering campaigns, not edge cases. "Most organizations are still training people to recognize threats from five years ago," said Tal Shlomo, co-founder and CEO of Frame Security, a huma
GoodData.AI Brings Governed Agentic Analytics to Regulated Enterprises Across DACH8.7.2026 13:05:00 CEST | Press release
GoodData.AI lets regulated enterprises in Germany, Austria, and Switzerland build and govern AI agents that support business processes, while maintaining full control over where AI runs and what data it can access. SAN FRANCISCO, CA / ACCESS Newswire / July 8, 2026 / GoodData.AI, an open agentic analytics platform with nearly two decades of analytics experience, today announced an expanded investment in the DACH region, bringing governed agentic analytics to regulated enterprises across Germany, Austria, and Switzerland. Many regulated enterprises have held off on production AI because outputs can't be traced back to approved business logic. GoodData.AI's platform addresses that directly: agents stay on a process over time, drafting and updating reports, analyses, and recommendations as new data comes in, while every output stays grounded in logic the company has already approved and can show an auditor on request. The EU AI Act has introduced some of the most comprehensive AI governan
Polaris Announces Execution of Mixed Investment Agreement for the Three Mexico Projects7.7.2026 13:50:00 CEST | Press release
TORONTO, ON / ACCESS Newswire / July 7, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce that, further to its press release dated June 8, 2026, it has reached another important milestone in the development of its three renewable energy projects selected under Mexico's Comisión Federal de Electricidad ("CFE") Mixed Development Program (the "Mixed Program"). On July 3, 2026, Polaris, through its Mexican project structure, executed the Mixed Investment Agreement (Contrato de Inversión Mixta or "CIM") with the fiduciary trustee, Banca Mifel, S.A., Institucion de Banca Multiple, Grupo Financiero Mifel, acting on behalf of CFE. The CIM establishes the contractual 30-year framework governing the joint participation of Polaris and CFE in the development, financing, construction, ownership and operation of the three selected projects, including the applicable governance, economic and corporate arrangements. The CIM includes the key information a
Oxford University Press Comes to Simply Piano7.7.2026 10:00:00 CEST | Press release
Content from OUP's acclaimed piano method is now available to millions of Simply Piano learners worldwide NEW YORK, NY / ACCESS Newswire / July 7, 2026 / Simply, the leading digital platform for creative hobbies, today announced an agreement to bring content from Oxford University Press' (OUP) piano method to Simply Piano. This expands Simply Piano's offering and marks a step forward in its mission to make the pursuit of creative hobbies simple and fun for all. Simply Piano users around the world will gain access to an expanded library of high-quality, curated sheet music spanning OUP's works including Piano Time and Tunes for Ten Fingers, all within the app's interactive learning environment. The integration expands Simply Piano's sheet music library across genres, complementing its step-by-step courses and real-time feedback tools. "Access to songs people love is one of the strongest drivers of learning," said Yuval Kaminka, CEO & co-founder of Simply. "Working with OUP allows us to
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom